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That came from American Airlines’ quarterly report on Wednesday.
This is being updated…
In the second quarter, Boeing achieved revenue of $16.8 billion. This represents a 15% drop in revenue, down from $19.7 billion in the same period last year.
Boeing’s revenue for the quarter was previously expected to be $17.23 billion CNBC, As a result, the company’s performance fell short of expectations.
The company also announced that Robert “Kelly” Ortberg will take over as the new CEO from Dave Calhoun.
– The Board conducted a thorough and extensive application process in recent months to appoint Boeing’s new CEO, and Kelly has the right skills and experience to lead Boeing into its next chapter. Chairman Steven Mollenkopf said.
The company’s shares rose more than 3% in premarket trading.
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